COMP

Gordon Haskett Downgrades Compass (COMP)

Fintel reports that on February 21, 2024, Gordon Haskett downgraded their outlook for Compass (NYSE:COMP) from Hold to Underperform .

Analyst Price Forecast Suggests 3.59% Downside

As of January 19, 2024, the average one-year price target for Compass is 3.52. The forecasts range from a low of 2.27 to a high of $5.78. The average price target represents a decrease of 3.59% from its latest reported closing price of 3.65.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Compass is 6,330MM, an increase of 29.29%. The projected annual non-GAAP EPS is -0.13.

What is the Fund Sentiment?

There are 374 funds or institutions reporting positions in Compass. This is an increase of 17 owner(s) or 4.76% in the last quarter. Average portfolio weight of all funds dedicated to COMP is 0.08%, an increase of 18.00%. Total shares owned by institutions decreased in the last three months by 0.73% to 309,784K shares. COMP / Compass, Inc. Put/Call Ratios The put/call ratio of COMP is 0.40, indicating a bullish outlook.

What are Other Shareholders Doing?

COMP / Compass, Inc. Shares Held by Institutions

Sb Investment Advisers holds 102,470K shares representing 21.21% ownership of the company. In it's prior filing, the firm reported owning 117,365K shares, representing a decrease of 14.54%. The firm increased its portfolio allocation in COMP by 22.34% over the last quarter.

ANTIPODES PARTNERS holds 16,670K shares representing 3.45% ownership of the company. In it's prior filing, the firm reported owning 16,274K shares, representing an increase of 2.38%. The firm increased its portfolio allocation in COMP by 22.75% over the last quarter.

VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 13,318K shares representing 2.76% ownership of the company. In it's prior filing, the firm reported owning 12,055K shares, representing an increase of 9.48%. The firm decreased its portfolio allocation in COMP by 38.01% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 10,404K shares representing 2.15% ownership of the company. No change in the last quarter.

Senvest Management holds 8,781K shares representing 1.82% ownership of the company. In it's prior filing, the firm reported owning 15,474K shares, representing a decrease of 76.23%. The firm decreased its portfolio allocation in COMP by 27.15% over the last quarter.

Compass Background Information
(This description is provided by the company.)

Founded in 2012, Compass is a leading real estate technology company, providing an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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